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Buying into a real company is not speculating on a price change?
by if_by_whisky 13y ago
Buying into a real company is not speculating on a price change?
- unclebucknasty 13y agoOf course, all investments involve some degree of speculation. But, to be fair I think your question is a bit pedantic. I think your parent is saying that with those companies, there is some way to impute value vis-a-vis products, management, history, etc. That calculus would then inform opinions on resulting price movements. OTOH, when Bitcoin was at $1, forming an opinion on its price movement was almost pure speculation.
- James_Duval 13y agoWell, even if the price doesn't go up you may be able to increase your original investment with a DRIP. BTC don't give dividends.
- lgieron 13y agoWhat else would you buy it for (assuming no dividends are being paid out)?